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Three government agencies are cooperating to promote community and SME businesses in bio-resources in a bid to see20,000 businesses involved in bio-resources. The Bank for Agriculture and Agricultural Cooperatives (BAAC), Government Savings Bank (GSB) and the Biodiversity-Based Economy Development Office (BEDO) have signed a memorandum of cooperation on supporting SMEs and community enterprises in the bio-resources field. They will provide knowledge and advice to grassroots level companies in the bio-resources field, assisting them in tailoring their products to meet consumer demand as well as provide funding and helping them to improve competitiveness.
The first CMLVT forum was held in Bangkok last week and included leaders and business people from Cambodia, Myanmar, Laos, Vietnam and Thailand where they discussed issues such as single visas, setting up a joint business council, tackling obstacles to cross border trade and investment, promoting regional tourism and increasing visibility for startups and create a single CMLVT electronic system. The new system is being pushed to ease import and export procedures, link t taxes, tariffs, laws and quarantine procedures. The next forum is schedules for Cambodia in 2017 and they are looking to develop a human capital development partnership program in conjunction with countries such as Japan and New Zealand.
The Convention Center plan shelved during Yingluck Shinawatra’s government is being revived by the Treasury Department after requests from members of the Thai Hotels Association pointed out there is no international level convention center in the South. Concerns about impact on the environment caused some controversy with the initial proposal but the THA Southern Chapter leader said the site is far from turtle egg laying sites and there are already luxury resorts nearby that have had no impact on the environment. The 2.6-billion-baht project could see significant growth in MICE visitors to the island and to the area according to the THA representative.
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